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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Minnehaha County, South Dakota

Fat Boy Data analyzed home improvement loan activity in Minnehaha County, South Dakota, home to Sioux Falls, to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 1,408 applications were decided by 54 lenders between 2023 and 2025.

Minnehaha County at a glance

54Active lenders18 with 20+ decisions
76.9%Market approval rate1,083 of 1,408 decided
$55KTypical loanmedian lender, $10K brackets
94%Borrower take-up1,023 loans funded

How Minnehaha County compares

Approval rate compared
Minnehaha County76.9%South Dakota76.5%All 616 counties62.7%
Typical loan compared
Minnehaha County$55KSouth Dakota$55KAll 616 counties$75K

What the data shows

First PREMIER Bank made the most home improvement loans in Minnehaha County, SD, 223 of them.

Bluestone Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 93% of 45.

Only 1 lender here typically writes at or below $35K: Dacotah Bank.

Approval rate of all 18 lenders with 20+ decisions here
0%25%50%75%100%One lender: 33% approved of 42U.S. Bank National Association: 55% approved of 102One lender: 57% approved of 21One lender: 60% approved of 20One lender: 70% approved of 69First Interstate Bank: 73% approved of 135One lender: 73% approved of 30One lender: 74% approved of 53One lender: 77% approved of 22First Bank & Trust: 82% approved of 119One lender: 84% approved of 38One lender: 85% approved of 20First PREMIER Bank: 85% approved of 275One lender: 85% approved of 34Plains Commerce Bank: 88% approved of 120One lender: 92% approved of 77One lender: 93% approved of 45One lender: 100% approved of 39

Each dot is one lender, placed at its approval rate. Hover for the sample size; the 5 largest lenders are named, the rest are behind the unlock.

Home improvement loan lenders in Minnehaha County

LenderApprovalApprovedTaken upTypical loanLoans made
1First PREMIER Bank85%234 / 27595%$55K223
2First Interstate Bank73%99 / 13593%$55K92
3Plains Commerce Bank88%106 / 120100%$55K106
4First Bank & Trust82%98 / 11997%$65K95
5U.S. Bank National Association55%56 / 10296%$85K54

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals borrowers accepted. Lenders with fewer than 20 decisions are marked as a limited sample and never used for a “highest approval” claim.How the numbers work.

Fat Boy found 49 more lenders.

One email unlocks every lender Fat Boy found.

You are seeing the 5 largest home improvement loan lenders in Minnehaha County. Unlock the full market: every lender that decided one of these loans here, what they approved, how much borrowers took, and how close the nearest office is.

  • Every lender in the market
  • Approval rate and borrower take-up
  • Typical loan size and range
  • Nearest office and distance
  • Branch count and application options
  • How easy each lender is to reach

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